Oct 8, 2025
IMF chief warns global economy faces lasting uncertainty
WASHINGTON (AP) — The global economy is holding up better than expected despite major shocks such as President Donald Trump‘s tariffs, but the head of the International Monetary Fund says that resilience may not last. “Buckle up,” Managing Director Kristalina Georgieva said in a speech at a think tank Wednesday. “Uncertainty is the new normal and it is here to stay.” Her [&h[...]
Jun 10, 2025
Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%
President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast.